Originally Posted by rsimpson (Post 2127466)

New Owner in March. I just received a notice about Annaul Maintenanc Assessment and increase to same fro the CDD. I don't recal this on any disclosures during the purchase process. Did I overlook this entirely? Is this the "Bond" payment they referenced? Do these $400-500 annual charges continue the rest of our lives??

Originally Posted by Bill14564 (Post 2127911)

So you don't understand what the maintenance assessment goes towards. While there are some "same services as last year" the maintenance projects are an as-needed type of thing. It is likely that either the projects last year cost more than anticipated or there are some large projects expected in the near future. Both of those cases would necessitate collecting additional maintenance funds above what are needed to provide the "same services as last year."

Originally Posted by Rwirish (Post 2127930)

Continue to leave the check book open while living in TV.

Originally Posted by Blueblaze (Post 2127891)

What facts would those be? They raised the assessment 15%. The only thing that changed was the cost of delivering the same services as last year. The government and my social security check says the money is only worth 8% less than last year, not 15%.

What facts am I missing?